M&A
Last-mile delivery service Instabox has merged with Budbee, a Sweden-based smart lock technology provider backed by fashion retailer H&M, in a SEK18bn ($1.7bn) deal.
Fund
Italian bank Intesa Sanpaolo’s Neva unit has raised €250m ($250m) for its first fund to back Europe-based startups. In addition to Intesa Sanpaolo, other banking foundations including Compagnia di San Paolo, Cariparo and Carilucca contributed to the fund.
Funding
| Company | Company description | Sector | Country | Round | Round size($m) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| Kate Farms | Plant-based formula provider | Consumer | US | C | 75 | 19/09/2022 | Novo Holdings (lead), Kaiser Permanente (Kaiser Permanente Ventures); Goldman Sachs Asset Management, Main Street Advisors, unnamed existing private investors |
| DotPe | Commerce and payment platform | Financial | India | B | 58 | 19/09/2022 | Prosus (PayU), InfoEdge (InfoEdge Ventures); Temasek (lead), Mitsubishi & Naya Capital |
| Draftea | Fantasy sports league platform | Media | Mexico | A | 20 | 01/09/2022 | StepStone (lead); Kaszek, Sequoia, Bullpen and Courtside Ventures, Cristiano Ronaldo, Travis Kelce, Kevin Durant |
| Taqtile | AR-equipped job training technology developer | Services | US | N/A | 5 | 16/09/2022 | Mesmerise, Downer Group; Ascend, Innovation Lab |
| SerMorpheus | Web3 brand-retail platform | Consumer | Indonesia | Seed | 2.5 | 16/09/2022 | Bank Rakyat Indonesia (BRI Ventures); Intudo Ventures (lead), 500 Global, Febe Ventures, AlphaLab Capital, Caballeros Capital |
| Neutronpay | Bitcoin-based payment platform | Financial | Canada | Seed | 2.25 | 16/09/2022 | Republic; Hivemind Ventures (lead), with participation from Cavalry, Ride Wave, Studio VC, Iterative Capital Management, Fulgur Ventures, Bill Crowley, Lisa Shields |
| Agridesa | Landowner and producer matching platform | Industrial | Indonesia | Pre-seed | <1 ($200,000) | 16/09/2022 | Triputra Group (Triputra Agro Persada); Multifield |
| Brudeli Green Mobility | Electrified commercial vehicle provider | Transport | Norway | N/A | N/A | 16/09/2022 | Leax Group |
| Triternion | Slasher game developer | Media | Slovenia | N/A | N/A | 16/09/2022 | Tencent |
| Salt Security | API security system provider | IT | US | N/A | N/A | 19/09/2022 | CrowdStrike (Falcon Fund) |
